- Politics and Social Issues»
- Asia Political & Social Issues
Obama... What Happens when China wants Their Money Back?
The President of the United States, Barack Obama, has taken 200 billion dollars of what was considered "Extra" bank bailout money to create "millions of jobs" to help, maybe even end the recession. The money was to go to such things as highway and structural repair, where millions of workers had been laid off. The money created thousands of jobs... far less than Obama's "Millions". Obama borrowed money from foreign countrys to account for his $800 billion+ economic bailout plan. China's 1.2 trillon dollar cash hoard contributed an unknown amount to this $800 billion+. America is approaching $60 trillion dollars of debt... how, oh how, will we ever be able to pay back China?
For those of you who don't know, China is a Country known for martial artists, bad lip syncing (see Kung Fu Movies and Beijing Olympics Opening Ceremony Girl), and frequent Godzilla attacks. They are constantly shelling out money for structural damage caused by 160 foot lizard and giant robot attacks. When their trillion dollar cash hoard is gone, they'll expect us to pay back the debt... which would be just about impossible. So what would become of the United States? I for one love China, I love Chinese food and the Chinese Culture... I am also a big fan of the Oriental super hero, "Sgt. Kabukiman", so when the giant robots with "Made in China" stickers, come flying over to the US, with their plasma cannons and lazer swords, I'll be sure to be waving my "wǒ ài zhōng guó" sign (I love China), as they obliterate our United States.
In all seriousness, Obama wants to borrow more money to throw at our recession. It's insanity... litterly... the definition of insanity is doing the same thing over and over again, and expecting different results. Throwing more money at our economic crisis is going to hurt our economy even more... think "The Great Depression" x3 (Times Three,,, not a smiley face for you internet hipsters). So Obama... What happens when China whats their money back?